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US applications for jobless benefits highest since October 2021

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( ) -q-22- UNDATED (Correspondent Jeremy House) “7,500 to 237-thousand, 250.”

The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021.

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TAG: Correspondent Jeremy House reporting. Overall, 1.76 million people were collecting unemployment benefits the week that ended May 27.

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VERBATIM: The Labor Department reports U.S. applications for jobless claims were 261,000 for the week ending June 3. That’s an increase of 28,000 from the previous week. Weekly jobless claims are considered representative of U.S. layoffs. The four-week moving average of claims rose by 7,500 to 237,250.

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